$ENPH LONG OFF THE TRENDLINE 2.08Took this one Opened Long On the last bounce back to the Trendline and We Havent looked back since.
This week me watching price action we have been barrelling against resistance around 3.89-4.00
But after hours we seem to be have broken through and sitting at 4.25.
If you pan out to the Yearly. BIGGE PICTURE we have a rounding bottom and a chance to challenge some old hiogher price acition near 5.00 and above if we continue to round on the yearly and keep breaking these ressistance levels stops are king......
Riding The Wave
E0P trade ideas
#ENPH #LONG #stockENPH looks to be forming an uptrend out of its bottoming formation. all daily indicators look good. Indicators on the weekly and monthly look good. Note that the trend not the weekly and monthly are down. This is a highly speculative stock. Hold firm to the stop. Let profits ride however with raised stops.
Enphase Energy riding wave (3)Hello traders,
Remember it is 2016 and we need to do durable investments to make the world better. I think this year could be a good year for those. Keep an eye on companies like this.
It seems we can ride Wave (3).
SL = 1.97.
Target 1 is 6,27 = 1.618 * Wave (1).
Important resistance levels: 5.11, 8.04, 11.56, 14.88.
This one can become pretty nice! :)
God bless you,
Marco